Tag Archive: Forex News Round Up

A senior Bank of Canada official says the central bank is looking at how the high levels of household and public debt could pose a challenge to how it manages monetary policy. In a speech to the Manitoba Association for…Read more

Tax cuts are still making homebuilders feel better, even as mortgage rates rise to the highest level in more than four years. Builder confidence was unchanged in February from the prior month, remaining at 72 on the National Association of…Read more

U.S. government debt yields notched new highs Thursday amid of a slew of new economic data that provided more evidence of inflation pressure. The yield on 10-year U.S. Treasury touched a fresh four-year high of 2.944 percent, above the levels…Read more

A majority of private equity executives and distressed debt investors are expecting a recession to hit the U.K. economy in the next two years, according to a new report. The country’s decision to leave the European Union is cited as…Read more

African National Congress (ANC) leader Cyril Ramaphosa has been sworn in as South Africa’s new president, following his predecessor Jacob Zuma’s departure Wednesday night after a long power struggle. Ramaphosa, 65, was formerly Zuma’s deputy president. He was elected leader…Read more

Germany could break away from years of fiscal discipline and become less of an economic example, amid plans by its new government to increase spending, analysts told CNBC. The largest euro zone economy has accustomed the world to running budget…Read more

The gap between German and U.S. 10-year borrowing costs reached its widest point since April 2017 on Thursday after a higher-than-expected inflation print in the United States led to a sharp sell-off in U.S. Treasuries. While investors also shed European…Read more

U.S. producer prices accelerated in January, boosted by strong gains in the cost of gasoline and healthcare, offering more evidence that inflation pressures were building up. The report came on the heels of data on Wednesday showing a broad increase…Read more

The number of Americans filing for unemployment benefits rebounded from a nearly 45-year low last week, but remained below a level that is associated with a tightening labor market. Initial claims for state unemployment benefits increased 7,000 to a seasonally…Read more

Cyril Ramaphosa was elected as South Africa’s president in a parliamentary vote on Thursday after scandal-ridden Jacob Zuma reluctantly resigned on orders from the ruling African National Congress. South Africa’s main stock market index jumped nearly 4 percent, putting it…Read more